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Latest oil field Stories

2014-07-11 08:22:01

- Well count increases 4.3% compared to the second quarter 2013 HOUSTON, July 11, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the U.S. onshore well count for the second quarter 2014 was 9,394 wells, up 428 wells or 5% compared to the first quarter 2014. Compared to the second quarter 2013, the well count was up 383 wells or 4%. Compared to the first quarter 2014, the well count increased most notably in the Permian basin (up 265 wells or 11%),...

2014-07-08 08:21:59

HOUSTON, July 8, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for June 2014 was 1,336, down 14 from the 1,350 counted in May 2014, and up 3 from the 1,333 counted in June 2013. The international offshore rig count for June 2014 was 314, down 12 from the 326 counted in May 2014, and down 23 from the 337 counted in June 2013. The average U.S. rig count for June 2014 was 1,861, up 2 from the 1,859 counted in May 2014, and...

2014-06-06 08:21:32

HOUSTON, June 6, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) announced today that the international rig count for May 2014 was 1,350, up 1 from the 1,349 counted in April 2014, and up 67 from the 1,283 counted in May 2013. The international offshore rig count for May 2014 was 326, down 3 from the 329 counted in April 2014, and down 1 from the 327 counted in May 2013. The average U.S. rig count for May 2014 was 1,859, up 24 from the 1,835 counted in April 2014, and...

2014-05-20 12:24:59

HOUSTON, May 20, 2014 /PRNewswire/ -- Bob Ballentine, a partner in Burleson LLP's Houston office and head of its midstream oil and gas practice, will speak on Wednesday, May 21 at the Texas Lawyer Energy Summit in Houston. http://photos.prnewswire.com/prnvar/20140520/89501 The event is designed to provide best practices to in-house counsel and private practice attorneys on a broad range of legal concerns impacting the energy industry. Mr. Ballentine's presentation is titled...

2014-05-19 12:23:04

BURNABY, British Columbia, May 19, 2014 /PRNewswire/ -- Saudi Arabia has Planned Various Major Projects Over Next 5-10 Years on Account of Surging Demand for Oil and Gas in Domestic as Well as International Markets Specialty and commodity oilfield chemicals are used during various stages of oil and gas production. Oilfield chemicals are segmented on the basis of their use in oil or gas production. Consequently, they are divided into drilling fluid chemicals, cementing...

2014-04-28 12:24:15

MUMBAI, India, April 28, 2014 /PRNewswire/ -- Bharat Book Bureau presents Saudi Arabia Oilfield Chemicals Market Forecast and Opportunities, 2019. Oilfield chemicals are commodity or specialty chemicals used in drilling, production and transportation processes in oil or gas exploration. Various chemicals used in these processes impart different properties to fluids, improving oil production and process efficiency. Drilling fluid chemicals account for highest share in the Saudi...

2014-04-09 08:24:24

MIDLAND, Texas, April 9, 2014 /PRNewswire/ -- Oryx Midstream Services, LLC (Oryx) today announced it has received an equity commitment totaling up to $300 million from Quantum Energy Partners, Post Oak Energy Capital, Wells Fargo Energy Capital, Oryx management and other private investors. Oryx will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in Texas and New Mexico. The company expects to leverage its deep energy industry experience...

2014-04-08 08:24:37

Average Quarterly Production 19,900 bopd CALGARY, April 8, 2014 /PRNewswire/ - Bankers Petroleum Ltd. (Bankers or the Company) (TSX: BNK, AIM: BNK) is pleased to announce the Company's first quarter operational update. Production, Sales and Oil Prices Average production from the Patos-Marinza oilfield in Albania for the first quarter of 2014 was 19,911 barrels of oil per day (bopd), 3.2% higher than 19,303 bopd in the fourth quarter of 2013. Oil sales during the quarter...

2014-03-27 23:03:02

New comprehensive research report “Oilfield Communications Market [Upstream and Midstream Communications, Unified Communications, M2M Communications, Video Conferencing, WiMax, VSAT, Onshore and Offshore Communications] - Worldwide Market Forecast and Analysis (2014 - 2019)” worked out by MarketsandMarkets (M&M) is now available at MarketPublishers.com. According to the study, the world oilfield communications market is poised to record a 6.1% CAGR in the next five years. London,...

2014-03-19 08:24:11

Well Completion Solutions Designed to Mitigate Risk and Reduce Costs HOUSTON, March 19, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE: BHI) one of the world's largest oilfield service companies, and TMK, one of the world's largest producers of pipes for the oil and gas industry, announced today that they have signed a letter of intent to jointly develop integrated well completion solutions. Targeted at both onshore and offshore fields, the solutions will provide turnkey well...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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